Accounting & Reporting
Aimbridge Hospitality supports the accounting functions of each property by centralizing many processes and procedures within our corporate office. Accounts Receivable is administered primarily at the property level with the invoicing and processing of payments and aging handled by the Front Office, with ultimate responsibility for collection resting with the General Manager. The Accounts Payable process is initiated on property with the coding and verification handled by Department Heads and final approval for payment made by the General Manager. Invoices are then processed for payment at our Corporate Office. Payroll processing is first administered at the property with the operation of the time clock/time cards/and scheduling along with review and approvals by Department Heads and the General Manager. The process is completed at the Corporate Office where coding is finalized and checks are released to the property for distribution. Finally, the P&L function is carried out at the Corporate Office by a regional analyst working in concert with the General Manager to ensure accuracy and a quick and efficient period close.